Thursday, February 26, 2009

Your Money: Child Care Savings

With wallet's being pinched, finding affordable ways to care for your children can be a challenge. AP Personal Finance Editor Trevor Delaney explains.

Money Minute: Banks, CEO Pay, RMN

U.S. banks lost $26.2 billion in the last three months of 2008, the first quarterly deficit in 18 years.

Wednesday, February 25, 2009

Money Minute: Home Sales, Tribune, Smucker's

Sales of existing homes fell 5.3 percent in January to an annual rate of 4.49 million.

Tuesday, February 24, 2009

Consumer Confidence Plummets to New Low

Confidence in the economy sank to new lows in February as consumers grow more fearful over massive job cuts and shrinking retirement accounts.

Bernanke: Recession May End in '09

Federal Reserve Chairman Ben Bernanke has reassured Wall Street by telling Congress the recession might end this year.

Your Money: Your Stimulus Package

President Barack Obam'as stimulus package will have many benefits built in to ease the financial burden on Americans. AP Personal Finance Editor Trevor Delaney explains.

Monday, February 23, 2009

Money Minute: John Thain, UAW, Oil

The New York attorney general has moved to force former Merrill Lynch CEO John Thain to disclose details about bonuses paid to Merrill employees.

Your Money: Digital Television

Many TV stations recently cut off their analog signals, causing sets to go dark in households that were not prepared for digital television AP Personal Finance Editor Trevor Delaney explains offers up a checklist to test your compatibility.

Report: Gov't Could Take a Bigger Chunk of Citi

The Wall Street Journal, citing people familiar with the situation, said late Sunday that Citigroup Inc. is negotiating with authorities to increase the U.S. government's stake in the teetering lender to as much as 40 percent.

Friday, February 20, 2009

Rise in Consumer Prices Largest Since July

Consumer prices rose modestly in January, propelled by higher energy costs, but most economists and the government believe the recession will keep prices in check this year.

Your Money: Prepaid Cell Phones

Even without much promotion, prepaid cellular phones are gaining popularity as Americans continue to look for ways to cut costs.

Money Minute: Unemployment, Banks, Madoff

For workers losing their jobs, there's a new twist to their financial pain.

Feb. 19: Dow Closes at 7466, a Six-year Low

The Dow Jones industrial average ended at its lowest level in more than six years.

Wednesday, February 18, 2009

Money Minute: Homes, Goodyear, Icahn

Construction of new homes plunged to record lows in January.

GM Workers Face Layoffs, Uncertain Future

General Motors Corp. presented a survival plan that calls for cutting 47,000 jobs globally and closing five more U.S. factories. That would make it the largest work force reduction by a U.S. company in the economic meltdown.

Tuesday, February 17, 2009

Your Money: Stimulus Credits

In an earlier your money segment, we told you about a possible $15,000 tax credit for anyone buying a home over the next year. The terms of that incentive have now been scaled back.

Friday, February 13, 2009

Money Minute: Foreclosures, Pepsi, Blackwater

More efforts to halt home foreclosures have been announced.

AP Top Stories 02.13.09

Here's the latest news for Friday, February 13th: Gregg abruptly withdraws while Panetta is confirmed; Arrest in one Aussie arson; No jail for 9-year-old alleged killer; Texas recalls every product from peanut plant.

Thursday, February 12, 2009

Money Minute: Midway, Jobs, Oil

Midway Games has filed for Chapter 11 bankruptcy protection.

Wednesday, February 11, 2009

Your Money: Finances and Couples

With Valentine's Day just around the corner, you may be considering how to shore up our finances as well as your significant other's. AP Personal Finance Editor Trevor Delaney explains.

Your Money: Avoiding Tax Audits

As tax time approaches, there are several tips you should remember when it comes to properly filing your tax return. AP Personal Finance Editor Trevor Delaney explains.

Tuesday, February 10, 2009

Fed. Unveils Forceful Attack on Banking Crisis

Treasury Secretary Timothy Geithner said Tuesday the new administration will wage an aggressive two-front battle against the worst financial crisis in seven decades with commitments that could total up to $2 trillion.

Money Minute: Live Nation, Wal-Mart, Stamps

Concert promoter Live Nation and ticketing giant Ticketmaster have announced a merger.

Monday, February 9, 2009

Money Minute: Lutz, Madoff, Oil

Bob Lutz, a giant personality in the auto industry, is set to retire from General Motors at the end of the year. The AP's Mark Hamrick reports.

Sunday, February 8, 2009

AP Top Stories 02.08.09

Here's the latest news for Sunday, Ice fisherman rescued on Lake Erie; Obama and GOP debate stimulus package; Australia hit by deadly wildfires; Sports Illustrated reports A-rod tested positive for steroids.

Friday, February 6, 2009

Your Money: Online Savings Accounts

Online savings accounts can offer a high interest rate, even in trying economic times.

Money Minute: Bank of America, Chrysler, SEC

Bank of America's Chief Executive Ken Lewis spent close to a million dollars to buy additional shares of his struggling bank.

Job Losses Worst Since 1974, Unemployment Jumps

Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent.

Thursday, February 5, 2009

Your Money: Obama's Stimulus Package

President Barack Obam'as stimulus package will have many benefits built in to ease the financial burden on Americans.

Money Minute: TARP, Retail, Madoff

The government paid $78 billion more than it should have for stocks and other assets bought through the Troubled Assets Relief Program.

Wednesday, February 4, 2009

Your Money: Used Car Purchases

The pitfalls of buying a used car are many. But as AP Personal Finance Editor Trevor Delaney explains, there are ways to protect yourself before comitting to a purchase.

Money Minute: Wells Fargo, Unemployment, F1

Facing harsh criticism from lawmakers and investigators, Wells Fargo has abruptly scrapped its upcoming retreats to Las Vegas.

Feb. 4: Stocks Fall on Consumer Company Woes

Wall Street is now worrying about the companies usually seen as safe havens. After an early rally Wednesday, investors succumbed to their concerns about disappointing earnings at Kraft Foods and the market ended the day with a sizeable loss.

Tuesday, February 3, 2009

Your Money: Planning for College

AP Personal Finance Editor Trevor Delaney discusses seven basic financial aid tips that parents should be aware of as their children reach college age.

Money Minute: CitiGroup, TARP, GMAC

Citigroup says its deal to pay $400 million for naming rights to the New York Mets' new stadium is still on.

Feb. 3: Stocks Rise Following Home Sales Rebound

Wall Street got a well-needed boost from housing and corporate earnings Tuesday.

Monday, February 2, 2009

Your Money: Social Security Eligibility

A viewer wrote in to ask how a stay-at-home mother qualifies for social security benefits.

Money Minute: Construction, Chrysler, Macy's

Construction spending dropped 1.4 percent in December, the third straight monthly decline.